Red Knigths Ride To Rescue United

If reports that are out on Sky Sports are to be believed - then the road we have travelled down with our financial woe may well be turning a corner. Renowned footie finance expert, Keith Harris has confirmed that he is in fact trying to broker a deal that would oust those muppets the Glazers, in a takeover of our beloved club. He was influential in bringing Chelski their current owner Roman The Ruskie Abramovich, and also West Ham and Eggert Magnusson together - though the latter is not exactly a good omen.

Known as 'Mr Fixit' he has been approached by members of the Manchester United Supporters Trust, as a glimmer of hope in these cloudy dark financial days, to try turning around our current £700 Million debt those Yank idiots the Glazers have caused. Quote taken from Sky Sports

'Yes, we have been approached,' Harris said.

'We can lend our weight to doing something for the good of United and for the good of football - none of the takeovers that I have been involved in have involved any debt. They've been takeovers by people who've wanted to be involved for reasons other than money.'

He declined to mention any of those involved in this possible takeover deal - but referred to them as 'The Red Knights'. He states that he possibly has the backing of several influential money men who have the capital to turn this glimmer into something more substantial, should the Glazers be convinced to sell up - the fact that the Glazers said they would take their debts with them is somehitng I for one are dubious about.

He also stated the the Glazers are 'playing with an icon of football, one of the most respected brands in the world, and its in danger', but as we all know, 75 pence of every pound is going to pay towards our mounting debt, or lining some idiotic Yank back pocket. We as the fans of United need to make a stand, and vociforously convince the Glazers to sell up and let us be run by people who want us as a club to prosper, and not have someone run us into the ground.

Seeing what is going on with Portsmouth and their transferring of players behind Avram Grant's back, and also of the statement that Hull City have put up their ENTIRE squad for sale has me worried for the future of English football... LET US STAND UNITED!!!

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Rumours have obviously been circulating as to who these guys are. The names mentioned are leaders of massive investment groups who would be able to raise a significant amount of capital. The real question is how much would it take for the glazers to leave? They bought the club for £800m but how much of it was actually their own money? Judging by our £700m debt it cant have been much more than £200m. For 5 years worth of ownership, what is considered a good return on £200m? £500m? £700m? I believe the only way they could actually perform a take over would be to give the glazers a massive lump sum and take on ALL the debt. They'd need a lump sum for the glazers + at least £200m to pay of the PIK loans immediately. After that, I guess they'd either have to continue financing the £500m debt or sell shares to the fans or the stock market if they wanted to pay it off. I know nothing about finance really, so all thats just a guess, but if they did manage to takeover and get the investment to clear the debt, they'd have a club which makes a massive yearly profit. Personally, I think the glazers will hang on for dear life. If they really want to raise money, they've got an american football team they could sell.

Well Zae - thanks for posting my article - hope you guys like it...
Anyway back to business - talking to my old man, apparantly there was an independant financial advisor on Football Focus the other day, and he reckons if Man Utd were in financial bother, then the bond selling would have NOT gone ahead...
All I can say is that I would rather the Glazers were bought out by some rich Arab consortium (maybe I should ask my uncle - he lives in Dubai and is a rich Arab lol!) and hope Portsmouth can sort themselves out also....

Nani, Roo and Park - 3 great goals (although Nanis was helped in by Almunia!) and marching further towards those tital hopes, and winning a fourth consecutive title - proud to be a Utd fan tonight - only shame is we didnt score more - as we ripped Arsenal apart defensively whenever we went forward!

It feels so good to get a win against a top team where no one is talking about the referee, injury time, injuries, ronaldo, tevez - nothing. We beat their best 11 (bar RvP) away from home - fair and square. The boys did incredibly well. I said from the start we would have to score 3 against them to really fire them up for the chelsea game. Chelsea are in great form, but we just have to hope that the disappointmet of losing to us and the threat of being out of the title race will fire them to victory next week. Obviously we have to win our game aswell! lol

Massive credit to Fergie for sticking with Nani and Rafael instead of dropping them and ruining their confidence. Im not at all worried by the thought of losing vidic as Evans at 22 has a great future ahead of him - partnering Rio seems to have reminded him of the standards he is expected to reach.

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